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york, connecticut and new jersey. >> so sandy victims today wait nearly 70 days. why are you saying congress should have voted no to the sandy aid bill? >> we are not opposed to disaster relief in general. we are opposed to it being spent in an irresponsible way. congress just spent days and weeks talking about the fiscal cliff and about how congress needs to be more responsibility p.m. but then they pass this bill without any spending offsets. there's no accountability. there's no ideas like paying this relief in installments. so that we can track to see that money is spent well. there is still ear marks like what eamon javersed a earlier. >> that's not true. in this bill, some of the items were stripped out of the house bill. and the speaker, i give great praise to my colleagues on the other side of the aisle, michael and peter cane. and working with governor christie and governor cuomo. a lot of items talked about in the senate bill were stripped out and never in the house bill. >> congressman meeks, if i could ask a question, i would like to get this answered.
york, connecticut and new jersey. >> so sandy victims today wait nearly 70 days. why are you saying congress should have voted no to the sandy aid bill? >> we are not opposed to disaster relief in general. we are opposed to it being spent in an irresponsible way. congress just spent days and weeks talking about the fiscal cliff and about how congress needs to be more responsibility p.m. but then they pass this bill without any spending offsets. there's no accountability. there's no...
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so that a key level to watch as well. and keep your eye next week on the rebalancing in those major commodity ind seees. that could impact gold and silver as well. some say that could be positive for precious metals. back to you. >> sharon, thanks. have a great weekend. >> you do too. >> bob pisani joins me on the floor. >> sharon, just talking about that -- >> yeah, the atf. >> been going on for the last several weeks. she's right. dow this week, take a look. little action on monday and a lot of action on wednesday. and pretty much side ways. see that in that's a cliff there if you ever saw one. that's the stock cliff we are facing. note today while we are on the upside, techs are notably weak. apple hasn't been doing anything the last couple of days. nor are we getting traction from other big names. finally, i got e-mails, calls, questions, oh, my heavens, the vix is collapsing. we are near multiyear lows. the world is starting or ending or something. what does it mean? vix implied volatility 30 days out. with the fisca
so that a key level to watch as well. and keep your eye next week on the rebalancing in those major commodity ind seees. that could impact gold and silver as well. some say that could be positive for precious metals. back to you. >> sharon, thanks. have a great weekend. >> you do too. >> bob pisani joins me on the floor. >> sharon, just talking about that -- >> yeah, the atf. >> been going on for the last several weeks. she's right. dow this week, take a...
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>>> yes, we do have breaking news on the sandy aid vote. >> as expected, the house did come up with enough votes to pass the 9.7 billion sandy aid bill. they've just finished voting. the vote clock wound down. now we move on to january 15th where they'll debate a much bigger package. the fight over that one is just beginning. >> eamon javers, thank you for keeping us updated. >>>? just a few minutes time europe will close. we'll have the details on the impact on the u.s. session, right after this. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. >>> let's have a look at how re traded through the day. you can see they did move fractionally higher as the data came through. still obviously a huge debate about what the federal reserve is going to
>>> yes, we do have breaking news on the sandy aid vote. >> as expected, the house did come up with enough votes to pass the 9.7 billion sandy aid bill. they've just finished voting. the vote clock wound down. now we move on to january 15th where they'll debate a much bigger package. the fight over that one is just beginning. >> eamon javers, thank you for keeping us updated. >>>? just a few minutes time europe will close. we'll have the details on the impact on...
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sandy is and should not be something political. something he says is not the case in washington. listen to what he had to say. >> we have our congressional delegation here and i thank them for being here. we look forward to what we hope will be quick congressional action on a full sandy aid bill, now, not next week. >> that bill expected to be voted on on the 15th. he also said new jersey will never forget, never stand silent while their citizens are, in his words, being shortchanged. brian. >> that's my governor, bertha, i like to hear it. thank you very much. appreciate it. >>> still ahead, cutting the chord, why you might catch a break when others just say no to cable. >> the web is all atwitter about one big -- that came out last night. >> what's that? >> came out of the championship last night. here is the hint. it's got nothing to do with the fighting irish. a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a w
sandy is and should not be something political. something he says is not the case in washington. listen to what he had to say. >> we have our congressional delegation here and i thank them for being here. we look forward to what we hope will be quick congressional action on a full sandy aid bill, now, not next week. >> that bill expected to be voted on on the 15th. he also said new jersey will never forget, never stand silent while their citizens are, in his words, being...
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that's something to watch out for. so i think this time we're not so in favor of japan and like asia. >> okay. thanks so much indeed for joining us, general manager at fund supermart.com. people are much more relaxed about where chinese economies go this year compared to parts of last year. what are the indications for resource stocks? >> well, what we always have, a sort of turning point, is people ex transport late to the extremes. when people were thinking that china was slowing down, there was a lot of negative pressure going on saying, this means that demand is going to rel ofly collapse. the reverse is now happening. you can see with dollar/yen, if dollar/yen goes back to 100, you buy every japanese exporter in sight. none of those things have happened, but the market continues to take the valuation to its limits. for the resources sector, i think what we have to be aware of is that the supply resources in general is probably about right at the max row back drop we're seeing in china, no collapsing, not booming,
that's something to watch out for. so i think this time we're not so in favor of japan and like asia. >> okay. thanks so much indeed for joining us, general manager at fund supermart.com. people are much more relaxed about where chinese economies go this year compared to parts of last year. what are the indications for resource stocks? >> well, what we always have, a sort of turning point, is people ex transport late to the extremes. when people were thinking that china was slowing...
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man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. >>> apple may be the most valuable tech econocompany worl it is second place in the smartphone world. samsung dominating. so, who has the momentum in mobile? joinings now is the ceo of at&t mobility. he's now to in las vegas for the annual consumer electronics show. ralph, great to speak with you. >> great to be out here at ces once again. >> i'm sure it's a very exciting time. i want to ask you about the smartphone wars. recently, some doubts about the momentum of the iphone 5, with deutsche bank coming out with a note earlier this week, questioning the momentum, month on month in terms of iphone 5 sales. what are you seeing on the front lines at at&t? >> well, i don't want to specifically co
man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. >>> apple may be the most valuable tech econocompany worl it is second place in the smartphone world. samsung dominating....
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like most people, my wife and i were in shock to watch what happened in sandy hook. i immediately signed an executive order, we've got a school safety task force beginning to meet next week. i'm focusing on mental health, our school resource officers in school safety. and maybe some tougher penalties for firearms violations. but i don't think you'll see a lot of gun control bills in virginia, we're going to do what works and that's keeping kids in safe -- keep them safe in school with policies that are proven. >> do you reckon you're going to oppose what the white house is going to put out? >> i've got to wait and see what they're going to do. unfortunately, there was some immediate reaction by gun control advocates, i think, unfortunately to use this tragedy and -- in sandy hook as a reason to advocate any number of things that didn't have much to do with the facts of the case. we're going to do reasonable things. i think mental health is a big part of this. we went through this six years ago with the tragedy at virginia tech. we worked together on a bipartisan basi
like most people, my wife and i were in shock to watch what happened in sandy hook. i immediately signed an executive order, we've got a school safety task force beginning to meet next week. i'm focusing on mental health, our school resource officers in school safety. and maybe some tougher penalties for firearms violations. but i don't think you'll see a lot of gun control bills in virginia, we're going to do what works and that's keeping kids in safe -- keep them safe in school with policies...
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make it worth watching. introducing the 2013 lexus ls. an entirely new pursuit. nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ >>> 90 seconds to the opening bell. you are watching "squawk on the street" live from the financial capital of the world. putting a friday session together, after a heck of a week. covered a bunch of names, guys. axp, ba. one we've not gotten to is 3m. basically saying the stock's boring. >> there's years of metric that he uses to sprain wexplain why underperformed. i think you're selling this too s
make it worth watching. introducing the 2013 lexus ls. an entirely new pursuit. nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [...
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they told me they have 22 stores in china right now. they are looking to add another eight or nine stores over the next few years, so that's where they are betting. that's where they are thinking they will see growth, and chinese investors, asian investors in particular, really spend on luxury. we don't see that ending any time soon. >> how does him pact the broader market? larry, you've been right on this market. money continues to come in. it doesn't matter what the fundamentals say. just feels like this market wants to go up. how do you think that's scaling back of the high end impacts the broader market? >> you know, i think markets are expecting to see consumer spending weakening, and we look like we're on the -- in the beginning of manufacturing picking up, having gotten hit sort of summer and fall last year. and housing is finally picking up, so i do think the economy slows on the tax hikes. i think investors look through it, and the big story continues to be the central banks that are just continuing to pile money in there. the
they told me they have 22 stores in china right now. they are looking to add another eight or nine stores over the next few years, so that's where they are betting. that's where they are thinking they will see growth, and chinese investors, asian investors in particular, really spend on luxury. we don't see that ending any time soon. >> how does him pact the broader market? larry, you've been right on this market. money continues to come in. it doesn't matter what the fundamentals say....
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man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. >> on september 15, 2008, lehman brothers, the fourth-largest investment bank in the world declared bankruptcy. it was the biggest bankruptcy in history, one that sparked chaos in the financial markets and nearly brought down the global economy. the federal bankruptcy court appointed anton valukas, a prominent chicago lawyer and former united states attorney, to conduct an investigation to determine what happened. in march 2010, the valukas report found there was enough evidence to bring a case against senior lehman officials and one of the nation's top accounting firms for misleading government regulators and investors, yet there have been no prosecutions. in april 2012, valukas sat down with
man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. >> on september 15, 2008, lehman brothers, the fourth-largest investment bank in the world declared bankruptcy. it was the...
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man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. >> american's travel to exotic foreign lands for many reasons: adventure, tourism, or just a beautiful beach. but how about hip surgery or a multiple bypass? as bob simon first reported in 2005, a growing number of tourists are doing just that, combing holidays with healthcare. that's because a growing number of countries are offering first rate medical care at third world prices. and many of these medical tourists are uninsured and can't afford healthcare at home. others go for procedures that aren't covered by their insurance, like
man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world...
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you have 22% short interest in sales, he's unproven as someone who can run a retailer. i would stay away from this name. >> j.b.? >> i don't know why this guy wants to run this company anymore. it's like ten years of this. the stores are horrible, linoleum floors, fluorescent lighting, nobody wants to shop there. >> what's the down side? >> that's the problem. >> that was a joke. >> there's too many people against it. you don't want to be short the name. why would you beat your head against the wall on a retail that is out of favor with consumers. there are so many better places to be. >> are you as optimistic as j.b.? >> i'm as optimistic on sears as i am on jcpenney. both are lost, don't know where they are, they don't have the proper leadership. i see no reason to waste my money. >> you can own target. target is expanding into china, doing everything right in china. >> target is making some mistakes. they're trying to compete with amazon. >> to try to compete with amazon in price, it's already been proven that amazon will take a loss. so i don't like the strategy tod
you have 22% short interest in sales, he's unproven as someone who can run a retailer. i would stay away from this name. >> j.b.? >> i don't know why this guy wants to run this company anymore. it's like ten years of this. the stores are horrible, linoleum floors, fluorescent lighting, nobody wants to shop there. >> what's the down side? >> that's the problem. >> that was a joke. >> there's too many people against it. you don't want to be short the name. why...
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we'll be watching that, any news coming out of it. meanwhile female hedge fund managers earn better returns than the broader hedge fund index, according to a new report from rothstein cash. female hedge fund managers had net returns of 9 boston through the third quarter of last year. that beat the broader hedge fund index returns of 2.7% in the same period. kelly easterling is with me and helped compile the report and joins me now to look at this. good you have to on the program. >> thanks. good to be here. >> what's behind this? did your study look at women who directly manage funds, or are they also including ceos? women who are managing the firms? are these the active managers, the women? what did the study look at. >> it absolutely is the women who are managing. women-managed and women-owned so we're looking at women who will be portfolio managers as well as women who would be specifically women-owned funds. >> so how would you characterize it? i mean, is there evidence that female hedge fund managers are actually better managers
we'll be watching that, any news coming out of it. meanwhile female hedge fund managers earn better returns than the broader hedge fund index, according to a new report from rothstein cash. female hedge fund managers had net returns of 9 boston through the third quarter of last year. that beat the broader hedge fund index returns of 2.7% in the same period. kelly easterling is with me and helped compile the report and joins me now to look at this. good you have to on the program. >>...
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it is up nearly 22%, carl. >> very nice. they make some good car stereos, too, as you know, brian. >> absolutely. >> apple, google or facebook, which one could bring you high sides for 2013? and rick santelli has something coming up a little later. >> absolutely. if we're borrowing 35 or 40 cents for every dollar we spent, tax revenues are satisfying 60% to 75% of every dollar. so when you hear people talking about doing challenge the full face and credit of u.s. treasuries with regard to debt ceiling, are they being real? whenever i have questions like this, i always go to the man. larry kudlow will be our guest in 20 minutes. you'll want to see this one. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> a sight for sore eyes. >> good morning. happy new year. fortunately
it is up nearly 22%, carl. >> very nice. they make some good car stereos, too, as you know, brian. >> absolutely. >> apple, google or facebook, which one could bring you high sides for 2013? and rick santelli has something coming up a little later. >> absolutely. if we're borrowing 35 or 40 cents for every dollar we spent, tax revenues are satisfying 60% to 75% of every dollar. so when you hear people talking about doing challenge the full face and credit of u.s....
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is it worth a trader watching the program to make that bet? >> i think it is, and i think they've been able to stablize some of the uncertainty and momentum that surrounded that uncertainty. i would answer yes. now, the proof will be in the earnings that they report over the next couple quarters, but you do have the institutional side now attracted to this name, looking at it as the growth technology name potential in 2013 that you want to own. that momentum, i don't see that falling off precipitously. >> before we let you go, mike, you've done a real good job with picks lately, and your latest one, drumroll, is? >> this is be my alternative, which is ebay, precisely the same market cap as facebook. obviously they're different animals, and you're not going to get anything like the potential growth out of ebay, but i think they have it figured out. the more paypal grows, the more ebay becomes a payment -- i think it's not too bad. >>> have a great weekend, and as you know, cnbc does have that business relation-with yahoo!. >>> let's go to the c
is it worth a trader watching the program to make that bet? >> i think it is, and i think they've been able to stablize some of the uncertainty and momentum that surrounded that uncertainty. i would answer yes. now, the proof will be in the earnings that they report over the next couple quarters, but you do have the institutional side now attracted to this name, looking at it as the growth technology name potential in 2013 that you want to own. that momentum, i don't see that falling off...
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don't forget sandy is going to be great. ag market is on fire, boardwalk partners, someone downgraded that today, really good yield. and facebook, i told you, when zuckerberg came on the conference and said we screwed up mobile, that was a chance to buy and i'm sticking with that stock and now i'm going to the bakken boo-yah, chris in north dakota, chris? >> caller: big boo-yah, love the show. >> well, i love where you're from, man. your oil production was up more than 50% year-over-year in north dakota. >> caller: hey, let's hope we can keep that going. >> i know you can, bisons, go ahead. >> caller: well, i've got five stocks here. first off, home street. hmst. >> okay. >> caller: next is goldman sachs, gs. >> okay. >> caller: ford, "f," cisco, co, and eaton, etn. >> we've done eaton, that's a manufacturer. goldman slacks, just a fantastic financial, it's really coming back. i think the stock goes to 180, not kidding. ford, looks like it's a keystone for a lot of portfolios, you know i'm a believer, cisco, technology, and
don't forget sandy is going to be great. ag market is on fire, boardwalk partners, someone downgraded that today, really good yield. and facebook, i told you, when zuckerberg came on the conference and said we screwed up mobile, that was a chance to buy and i'm sticking with that stock and now i'm going to the bakken boo-yah, chris in north dakota, chris? >> caller: big boo-yah, love the show. >> well, i love where you're from, man. your oil production was up more than 50%...
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man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. how did i know? well, i didn't really. see, i figured low testosterone would decrease my sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, men with low t have androgel 1.62% (testosterone gel). the #1 prescribed topical testosterone replacement therapy, increases testosterone when used daily. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or signs in a w
man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. how did i know? well, i didn't really. see, i figured low testosterone would decrease my sex drive... but when i started losing...
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bloomberg says vote for obama because of sandy. at this point, it's hard to -- i can't counter every -- it's almost like superstition, almost like throwing salt over your shoulder. let's go to number 6. number 6 on your list is china. you think the new administration is going to root out corruption. >> root out is a little strong. nothat would be a surprise. >> root out is probably a little strong. corruption is a problem there. i think they're going to deal with corruption because there's more transparency in china than there's ever been before. >> more pressure. >> a fair amount of pressure. >> that changes then what? in terms of the market. >> the chinese economy has done all righer last three years but the market has not. the surprise in that one is the chinese market, the shares appreciate 20%, that's the surprise. >> to politics, washington, number 5, surprise. you say the republicans will reverse their position and make a major effort to become leaders on immigration policy. explain. >> okay. the hispanic population of this
bloomberg says vote for obama because of sandy. at this point, it's hard to -- i can't counter every -- it's almost like superstition, almost like throwing salt over your shoulder. let's go to number 6. number 6 on your list is china. you think the new administration is going to root out corruption. >> root out is a little strong. nothat would be a surprise. >> root out is probably a little strong. corruption is a problem there. i think they're going to deal with corruption because...
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europe is 22%. but china and japan are 21% and they've got new leaders and they're stepping on the accelerator. abe and li are starting to push. that's helping the export picture. when i talk to companies in the last couple of days, because of their releasing of earnings, december was not good. a definitely of uncertainty crept in again. similar to what happened in '08, and you you can see that hope lfl i that's starting to come back. >> all of the emotion associated with everyone turning on television and wondering what's going on with this country. so short term you've got the impact of the next one sequestration coming up. you've got the next one dealing with the debt limit. then you have long-term structural issues. then you have to deal with the following. if i'm getting paid every two weeks my first check is going to have $40 less if i make less than $50,000. companies are saying they're putting notices in there to explain why that happens. so we've got the payroll shock in the next week, when
europe is 22%. but china and japan are 21% and they've got new leaders and they're stepping on the accelerator. abe and li are starting to push. that's helping the export picture. when i talk to companies in the last couple of days, because of their releasing of earnings, december was not good. a definitely of uncertainty crept in again. similar to what happened in '08, and you you can see that hope lfl i that's starting to come back. >> all of the emotion associated with everyone turning...
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. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> well, apologies. banks are getting four more years to implement the changes. the basul committee says the liquidity coverage ratio designed to force banks to hold enough cash and easy to sell asset toes allow short-term market prices will include sudden equities, mortgage backed securities. previously, only government bonds and top quality corporate bonds were allowed. banks also want four more years to achieve the buffer with the basel rules taking effect on january 1st, 2019. across the board in thor row zone banks are up anywhere between .3% to 4% higher. deutsche bank up nearly 4%. joining us for the first half of the program today, steve carroll. good morning to you. we can see investors like this. what are the ramifications as far as you're concerned? >> well, first of all, thank you for having me on the show. i think we should be -- as we've seen, the markets are going to see the point of view of the banks themselves. as one of the constraints on the ability of banks to ext
. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> well, apologies. banks are getting four more years to implement the changes. the basul committee says the liquidity coverage ratio designed to force banks to hold enough cash and easy to sell asset toes allow short-term market prices will include sudden equities, mortgage backed securities. previously, only government bonds and top quality corporate bonds were...
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man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. . >>> good morning. and welcome back to "squawk box" here on cnbc. i'm joe kernen along with becky quick and andrew ross sorkin. you've got the shirt. >> i'd like to approximately the viewers on this one. >> really? >> yes. >> our viewers can be cruel. >> or they could rule in his favor and overrule you. >> that will never happen with that shirt. that will never happen. making headlines -- making headlines -- you are making headlines. >> markets. >> a recovery team -- i'm short big time. i have a huge -- i'm like bill ackman on that shirt. that's the herba life of all times. that's a pyramid scheme. start towing off shell alaska oil rig near the coastline. all elements are in place for towing
man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. . >>> good morning. and welcome back to "squawk box" here on cnbc. i'm joe kernen along with becky quick and...
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i need to watch it when i -- it's like the new way people view. when you can, when you get a chance. >> did you see that michelle caruso cabrera has the third season on dvd? >> she gave me my soap. >> she did? >> she did. >> she came over the other day. you weren't there at the time, but she was going to show them off. >> yeah. >> let's start with the markets this morning, as well. the s&p retreating from a five-year high yesterday. the stocks finished the session off their lows. u.s. equities are indicated a little weaker. dow futures down by about nine points. as for a gauge of fear in the markets, it extended losses. now it's at 13.79. european stocks in early trading this morning, you'll see are indicated just a little higher. nos a lot of strength there, although the cac is up by almost .5%. major asian markets overnight closing at -- well, the hang seng was down by almost 1%. the nikkei in japan you was off a little over .8%. shanghai composite a little weaker. we will have more from our colleagues overseas in just a few minutes. >>> now to
i need to watch it when i -- it's like the new way people view. when you can, when you get a chance. >> did you see that michelle caruso cabrera has the third season on dvd? >> she gave me my soap. >> she did? >> she did. >> she came over the other day. you weren't there at the time, but she was going to show them off. >> yeah. >> let's start with the markets this morning, as well. the s&p retreating from a five-year high yesterday. the stocks...